Coleman Kerr
1031 Exchange! Yay or Nay?!
Any experience with using 1031 exchange? What are some of the downsides??
Bradley A.
Negotiation: Code-violating seller won't remove tenants
Hi all,Working on a deal and need advice. 1st offer in.Property listed at $665K, offered $500K cash with the contingency that tenants must be removed by closing. Tenants are on month-to-month leases and in our area, y...
Kevin Barry
Need Advice - Electrical Code Violation
I'm a first time investor, and I'm looking at a fourplex with the following numbers:- Purchase Price - $175,000 (includes $15,000 in cash back referenced below) - Monthly Rent - $2,125- Monthly Cash Flow - $1,158- Cas...
Sam L.
REIA, FHA and Team Building Questions
Hi everyone,
I'm new to BP and plan on moving to Tucson in June for my first full-time job. I'm using the next two months to educate myself before putting boots on the ground. My plan is to acquire a 2-4 unit...
Jordan Slater
Where to keep cash reserve?
I am meeting with my property manager today to get my first rental on the market! I am planning to build my cash reserve over the next year as I prepare to purchase another rental. Where should I keep my cash reserv...
Shawn Morey
Best CRM for leads (Rehab/flip, Wholesale)
Hey Guys,I was wondering if any of you use a CRM program to keep track of your leads. We are doing tons of direct mail marketing and I would like to track our leads for possible deals. Any experience with CRM for prop...
Matt Waggoner
Question about lease agreements.
Hi all,Self confessed newbie here. I'm in the negotiation stage with a rental property I've been very interested in. Now that I'm getting closer to being a real estate investor, I am grappling with the realities of pr...
Andrew Burt
What would you do if you were in my shoes? Guidance needed!
Good afternoon,I currently manage a small three-member LLC with my parents. My parents have provided 95% of the capital funding up to this point and have let me roll with things in terms of making executive decisions ...
Sandra Holt
Brokers license for MD attorneys
I am an attorney in Maryland and I know that as an attorney I can take the test to become a licensed broker without having to fulfill any of the prerequisites (e.g. two years realtor experience). Are there any attorn...
John McNamara
Private Money Loans and how to cash out lender
Hello all:
Have a couple of rentals (both upside down!!) and flipped a couple of properties over the past couple of years in the Detroit area. Private Money question. The deals in this area of the country are unbel...